22, BANNOCK ROAD, WHITWELL, VENTNOR, PO38 2RD - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 BANNOCK ROAD is a small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £338,141. It was last sold for £305,000 in June 2021, which was around 16% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2019, where the current energy rating was F, and the potential energy rating was C.

22 BANNOCK ROAD Sold Prices

Land registry data shows two sales for 22 BANNOCK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 22 BANNOCK ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 JUN	£305,000	£361,764	16% below HPI
2020 7 JAN	£232,500	£324,997	28% below HPI

22 BANNOCK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 22 BANNOCK ROAD sales from January 2020 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 22 BANNOCK ROAD be worth now?

22 BANNOCK ROAD might now be worth an estimated £338,141.

This is based on house price inflation of 10.9%, between June 2021 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for 22 BANNOCK ROAD of £305,000 on 30th June 2021. For the value to have increased from £305,000 to £338,141 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 22 BANNOCK ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BANNOCK ROAD has not materially changed since June 2021.

How Large is 22 BANNOCK ROAD?

22 BANNOCK ROAD is 79m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwell, and where 22 BANNOCK ROAD lies on this distribution: 23% of detached houses houses are smaller than 22 BANNOCK ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

22 BANNOCK ROAD: Plot and Title Map

22 BANNOCK ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 22 BANNOCK ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 22 BANNOCK ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 22 BANNOCK ROAD?

22 BANNOCK ROAD is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 22 on BANNOCK ROAD.